Georgia lady accused of defrauding Washington County traders out of $900K sentenced to federal jail

ST. GEORGE — A Georgia lady will spend time in federal jail after a yearlong FBI investigation revealed she defrauded greater than a dozen victims in Washington County in a scheme that prolonged past Utah and the US.

The defendant, Stephanie Nicole Summers, 54, of Duluth, Georgia, appeared earlier than U.S. District Decide David Nuffer for sentencing on one depend every of wire fraud and securities fraud, whereas the remaining 4 counts of wire and securities fraud have been dismissed below the plea settlement.

Summers was sentenced to serve greater than three years in federal jail for schemes the defendant admitted to throughout a plea listening to held in March involving a number of victims throughout the nation and together with greater than a dozen in southern Utah.

“Ms. Summers defrauded Utah residents and folks throughout the nation of practically $1 million for her personal private profit. She lied to the victims and abused their belief to take their hard-earned cash,” U.S. Lawyer Trina A. Higgins of the District of Utah mentioned in an announcement launched Wednesday.

Learn the complete article at St. George Information.